Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the highest quintile among peers.
AlphaCentric Strategic Income A SIIAX
- NAV / 1-Day Return 15.97 / −0.44 %
- Total Assets 59.8 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.750%
- Distribution Fee Level High
- Share Class Type Front Load
- Category Real Estate
- Investment Style Small Value
- Min. Initial Investment 2,500
- Status Open
- TTM Yield 6.37%
- Turnover 22%
USD | NAV as of Apr 26, 2024 | 1-Day Return as of Apr 26, 2024, 12:02 AM GMT+0
Morningstar’s Analysis SIIAX
Will SIIAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 39.1
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
First American Treasury Obligs X | 18.88 | 11.0 Mil | Cash and Equivalents |
Rithm Capital Corp | 7.37 | 4.3 Mil | Real Estate |
Two Harbors Investment Corp. 6.25% | 5.10 | 3.0 Mil | Corporate |
Ellington Financial Inc | 4.85 | 2.8 Mil | Real Estate |
Dynex Capital Inc | 3.91 | 2.3 Mil | Real Estate |
Rwt Holdings Inc 5.75% | 3.69 | 2.1 Mil | Corporate |
Pennymac Corporation 5.5% | 3.30 | 1.9 Mil | Corporate |
New York Mortgage Trust Inc | 2.95 | 1.7 Mil | Real Estate |
MFA Financial Inc | 2.77 | 1.6 Mil | Real Estate |
MGIC Investment Corp | 2.64 | 1.5 Mil | Financial Services |